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borishaifa [10]
3 years ago
14

Bass Accounting Services expects its accountants to work a total of 23 comma 000 direct labor hours per year. The​ company's est

imated total indirect costs are $ 322 comma 000. The company uses direct labor hours as the allocation base for indirect costs. What is the indirect cost allocation​ rate?
Business
1 answer:
MissTica3 years ago
4 0

Answer:

Estimated indirect costs allocation rate= $14 per direct labor hour

Explanation:

Giving the following information:

Estimated direct labor hours= 23,000

Estimated indirect costs= $322,000.

To calculate the allocation rate, we need to use the following formula:

Estimated indirect costs allocation rate= total estimated indirect  costs for the period/ total amount of allocation base

Estimated indirect costs allocation rate= 322,000/23,000

Estimated indirect costs allocation rate= $14 per direct labor hour

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Explanation:

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3 years ago
Use the following corporate bond quote information to answer the questions that follow. Since this is a corporate bond,
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Answer:

Check the explanation

Explanation:

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Doh! 9 ½ 18     9.0          5      105 1/2      - 1/4  

Doh! 8 ½ 21     9.4        10      90 1/4        -1/2  

 

 

1.  As given in question:  

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Yesterday's price for second bond:  =(90.25+0.5)*10

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3.  kindly check the attached image below to see the solution to question 3

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